Belgium: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Belgium

In 2021, the Belgian market for paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Belgium

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 16,291%. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from Belgium

In 2021, approx. X units of paint, distemper, varnish or similar brushes, paint pads and rollers were exported from Belgium; with a decrease of -34% against 2020 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 269%. As a result, the exports attained the peak of X units, and then fell sharply in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers shrank remarkably to $X in 2021. In general, exports, however, continue to indicate pronounced growth. The growth pace was the most rapid in 2020 with an increase of 249%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

France (X units), the Netherlands (X units) and Spain (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Belgium, with a combined 92% share of total exports. These countries were followed by Poland and Italy, which together accounted for a further 3.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +7.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from Belgium were the Netherlands ($X), France ($X) and Spain ($X), together comprising 92% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +9.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, with a decrease of -1.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2015 an increase of 17%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into Belgium

In 2021, imports of paint, distemper, varnish or similar brushes, paint pads and rollers into Belgium reduced notably to X units, shrinking by -16.7% on 2020. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 179%. As a result, imports attained the peak of X units, and then contracted markedly in the following year.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers fell remarkably to $X in 2021. In general, imports, however, recorded a slight increase. The pace of growth was the most pronounced in 2020 with an increase of 129%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X units), China (X units) and the Netherlands (X units) were the main suppliers of imports of paint, distemper, varnish or similar brushes, paint pads and rollers to Belgium, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +21.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to Belgium were China ($X), the Netherlands ($X) and Sweden ($X), together accounting for 72% of total imports.

Among the main suppliers, Sweden, with a CAGR of +11.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, falling by -2.6% against the previous year. Over the period under review, the import price saw a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform